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Evening update for Crude oil price 04-12-2023

Economies.com
2023-12-04 15:02PM UTC

Crude oil price shows more bearish bias to move away from 73.73 level, to support the expected bearish trend on the intraday and short-term basis, reminding you that we are waiting to visit 72.20 followed by 70.00 levels as next main stations, while holding below 73.73 forms major condition to the continuation of the expected decline.

Evening update for silver price 04-12-2023

Economies.com
2023-12-04 15:02PM UTC

Silver price shows additional negative trades to approach our waited target at 24.60, and it is important to monitor the price at this level due to its importance to determine the next trend, noting that breaking it will extend silver price losses to reach 23.70 areas on the near term basis, while consolidating above it will lead the price to start recovery attempts and head towards 25.50 initially.

Evening update for Gold 04-12-2023

Economies.com
2023-12-04 15:02PM UTC

Gold price faces strong negative pressure to confirm breaking 2075.25 level and heads to decline on the intraday basis, targeting 2035.00 followed by 2000.00 levels mainly, making the bearish bias suggested in the upcoming sessions unless the price managed to breach 2075.25 and hold above it again.

Evening update analysis for the EURUSD 04-12-2023

Economies.com
2023-12-04 15:02PM UTC

The EURUSD pair faces negative pressure to break 1.0860 level and settles below it now, to hint potential turn to decline in the upcoming sessions, noting that confirming the break will push the price to head towards 1.0760 as a next negative target, while stepping above it will reactivate the positive scenario that its first target located at 1.0960.

Frequently asked questions

What is the price of Oil today?

The price of Oil is $66.485 (2025-07-04 23:55PM UTC)